Hankook Tire, Wayne, N.J. announced that they will increase their ongoing investment into researching and developing more environmentally friendly tire technology to more than $19 million annually.
The announcement came as part of World Environment Day.

Hankook Tire has invested nearly $10.7 million into environmentally friendly tire technology over the past two and a half years, and the new investment focus will free approximately 350 percent more funds for environmental technology research every year.

Hankook launched its new environmentally friendly tire, enfren, in Korea earlier this year, and is considering the tire for launch in other markets. The tire is a product of Hankook Tire's Kontrol Technology development cycle and combines a number of technologies including a special silica compound and structural design efficiencies. The tire also avails of production facility technologies to enhance the tire's rolling resistance performance, helping to reduce both energy consumption and CO2 emissions.

More info: www.hankooktire.com